Maiden (NASDAQ:MHLD) was upgraded by stock analysts at BidaskClub from a “sell” rating to a “hold” rating in a report released on Tuesday.

Several other brokerages have also recently weighed in on MHLD. ValuEngine cut Maiden from a “sell” rating to a “strong sell” rating in a research report on Friday, February 2nd. Keefe, Bruyette & Woods reiterated a “hold” rating and set a $7.00 price target on shares of Maiden in a research report on Wednesday, December 6th. Finally, Zacks Investment Research cut Maiden from a “hold” rating to a “strong sell” rating in a research report on Tuesday, January 9th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and one has assigned a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of $10.40.

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Shares of Maiden (NASDAQ MHLD) opened at $6.85 on Tuesday. Maiden has a 52-week low of $5.55 and a 52-week high of $14.40. The firm has a market capitalization of $568.60, a PE ratio of -2.90 and a beta of 1.24. The company has a current ratio of 0.13, a quick ratio of 0.13 and a debt-to-equity ratio of 0.33.

Maiden (NASDAQ:MHLD) last announced its quarterly earnings results on Wednesday, February 28th. The insurance provider reported ($1.65) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.19 by ($1.84). Maiden had a negative net margin of 5.82% and a negative return on equity of 16.99%. The company had revenue of $703.14 million for the quarter, compared to the consensus estimate of $720.40 million. sell-side analysts predict that Maiden will post 1.1 EPS for the current year.

Hedge funds have recently bought and sold shares of the stock. SeaCrest Wealth Management LLC bought a new position in shares of Maiden in the fourth quarter worth approximately $103,000. Unison Advisors LLC bought a new position in shares of Maiden in the fourth quarter worth approximately $114,000. Engineers Gate Manager LP bought a new position in shares of Maiden in the third quarter worth approximately $129,000. Virginia Retirement Systems ET AL bought a new position in shares of Maiden in the third quarter worth approximately $152,000. Finally, Teacher Retirement System of Texas bought a new position in shares of Maiden in the fourth quarter worth approximately $173,000. Institutional investors own 66.16% of the company’s stock.

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About Maiden

Maiden Holdings, Ltd. (Maiden) is a holding company. The Company focuses on serving the needs of regional and specialty insurers in the United States, Europe and select other global markets by providing reinsurance solutions designed to support their capital needs. It operates through two segments: Diversified Reinsurance and AmTrust Reinsurance.

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